Nevada Power Deal Heads to PUC
May 14 - Las Vegas Review-Journal
Nevada Power Co. and state officials on Thursday filed tentative agreements that will settle a variety of disputes so they can and cooperate on providing electric power this summer.
The PUC staff "believes the agreements are prudent and in the public
interest," a memo says. "Staff believes these agreements should
increase (power) operating efficiencies and reliability and should decrease
system operating costs."
Nevada Power previously expressed hope the agreements could be completed by
June 1 so it will have access to power from the Silverhawk Power Plant at the
Apex Industrial Park north of Las Vegas as the summer cooling season begins. The
agreements are scheduled to be considered Tuesday by the PUC, meaning they could
be approved about two weeks before the June 1 deadline.
In February, the government agencies and Nevada Power announced an agreement
to end a federal lawsuit over alleged wholesale power manipulation by the water
authority and failure of Nevada Power to pay fees to the river commission for
excess power.
In addition, the water authority agreed to allow Nevada Power to use its
share of power from the Silverhawk plant. The electric company agreed to provide
the river commission with so-called "balancing" services for wholesale
power deliveries.
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